EURUSD

eurusd4

Yesterday we had another signal after breaking Tenkan-sen resistance 1.1249 and altogether with Kijun-sen 1.1220 it is support area right now. Price stopped at (5/8)P 1.1352 line and if during NY session bulls will break this level the next target of upward trend will be (6/8)P 1.1475. On the other side decrease below Kijun-sen 1.1220 will be a signal of correction.

You can read Ichimoku strategy description here.

EURGBP

eurgbp1

In the morning we saw buy signal after break above Tenkan-sen 0.7793. EURGBP reached to first resistance 0.7873 and the next one is set by daily (+1/8)P 0.7935. Close of H4 candle below Kijun-sen 0.7769 will negate this bullish scenario.

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EURAUD

euraud

Similar situation on EURAUD. Breaking Tenkan-sen 1.5873 generated buy signal. Now this Ichimoku line 1.5968 together with Kijun-sen 1.5896 created support area. Target level is (3/8)P 1.6357. Of course decrease below Kijun-sen will be a sign of correction of bullish trend to Senkou Span B 1.5763.

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